Elfun International Equity Fund Cash Position Weight
| EGLBX Fund | USD 26.29 0.23 0.87% |
Elfun International Equity fundamentals help investors to digest information that contributes to Elfun International's financial success or failures. It also enables traders to predict the movement of Elfun Mutual Fund. The fundamental analysis module provides a way to measure Elfun International's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Elfun International mutual fund.
Elfun |
Elfun International Equity Mutual Fund Cash Position Weight Analysis
Elfun International's Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Current Elfun International Cash Position Weight | 2.91 % |
Most of Elfun International's fundamental indicators, such as Cash Position Weight, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Elfun International Equity is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
| Competition |
In accordance with the recently published financial statements, Elfun International Equity has 2.91% in Cash Position Weight. This is much higher than that of the State Street Global Advisors family and significantly higher than that of the Foreign Large Blend category. The cash position weight for all United States funds is notably lower than that of the firm.
Elfun Cash Position Weight Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elfun International's direct or indirect competition against its Cash Position Weight to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Elfun International could also be used in its relative valuation, which is a method of valuing Elfun International by comparing valuation metrics of similar companies.Elfun International is currently under evaluation in cash position weight among similar funds.
Fund Asset Allocation for Elfun International
The fund consists of 97.09% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides Elfun International's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Elfun Fundamentals
| Price To Earning | 17.43 X | ||||
| Price To Book | 1.73 X | ||||
| Price To Sales | 1.46 X | ||||
| Total Asset | 204.8 M | ||||
| Annual Yield | 0.02 % | ||||
| Year To Date Return | 8.24 % | ||||
| One Year Return | 14.44 % | ||||
| Three Year Return | 3.97 % | ||||
| Five Year Return | 6.74 % | ||||
| Ten Year Return | 4.92 % | ||||
| Net Asset | 220.83 M | ||||
| Minimum Initial Investment | 500 | ||||
| Last Dividend Paid | 0.31 | ||||
| Cash Position Weight | 2.91 % | ||||
| Equity Positions Weight | 97.09 % |
About Elfun International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Elfun International Equity's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elfun International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elfun International Equity based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Elfun Mutual Fund
Elfun International financial ratios help investors to determine whether Elfun Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Elfun with respect to the benefits of owning Elfun International security.
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